I’ve been buying Bitcoin since 2013. But was never interested in lightning until Nostr.
True, and I don’t mind that approach as it is quick to convert fiat to sats.
So how does that work. Do you have a Bitcoin wallet that you are transferring from. Or are you converting from fiat?
I’ve never thought that deeply about lightning. I’m sure the smart people here have and there is a simple explanation.
Even if 1 billion people only topped up once per week that would be 140m on chain transactions per day.
If they topped up once per year that would be 3m on chain transactions per day. They would only be able to top up once every 10 years, which is basically never.
Am I missing something?
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Lightning question: not your keys not your coins, so you shouldn’t store too much in a lightning wallet. If lightning takes off you might have to top up your lightning wallet daily from a Bitcoin wallet. Aren’t those transactions on chain? What happens if 1 billion people want to top up their lightning wallet daily? Bitcoin only supports about 200k tx/day.
You don’t understand how Nostr works. It’s just a client. Like any other client.
End game question: which Nostr iOS client will be more popular, the one that only supports Bitcoin, or the one that also supports other blockchains?
In practice I’m pretty much a Bitcoin maximalist. I don’t research other coins and my portfolio is like 99% Bitcoin with a few other bits and bobs I picked up along the way.
But I’m not ideologically a Bitcoin maximalist. I don’t get closed mindsets.
I’m almost inclined to do it just to prove a point. Although I’d probably integrate zaps first.
Would need to put the text of the svg file inside the svg tag, which wouldn’t be advised.